FX.co ★ Patterns GBPCHF | British Pound (GBP) to Swiss Franc (CHF) Rate in the Forex market

The Triple Top pattern has formed on the chart of GBPCHF M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.0962 may confirm the bearish scenario. The projected peak-to-trough width is 11 points.

The Double Bottom pattern has formed on the GBPCHF M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.0964. The projected move is based on the pattern width of 44 points.

The Double Top reversal pattern has formed on the GBPCHF M5 chart. Its upper boundary is at 1.0943, its lower boundary is at 1.0934, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 1.0919.

The Double Top reversal pattern has formed on the GBPCHF M5 chart. Its upper boundary is at 1.1045, its lower boundary is at 1.1040, and its width is 5 points. A break below the lower boundary is likely to confirm further downward movement toward 1.1025.

The Bearish Symmetrical Triangle pattern has formed on the GBPCHF M15 chart. A break below the lower boundary at 1.1017 is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the GBPCHF M15 chart. Its support is at 1.1018, its resistance is at 1.1030, and its width is 12 points. A break above resistance may confirm a trend reversal, with the first target projected 13 points away.

The Bullish Rectangle has formed on the GBPCHF M30 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.1035 and its support is at 1.1018. A breakout above the resistance zone at 1.1035–1.1035 is likely to signal a continuation of the bullish trend.

The Bullish Rectangle has formed on the GBPCHF H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.1018–1.1018 and the upper boundary at 1.1035–1.1035. A breakout above the upper boundary is likely to signal a continuation of the uptrend.

The Triple Top pattern has formed on the chart of GBPCHF M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.1015 may confirm the bearish scenario. The projected peak-to-trough width is 14 points.

The Bearish Rectangle has formed on the GBPCHF M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.0973 and its lower boundary is at 1.0964. A short position may be considered once the price closes below the lower boundary at 1.0964 of the Bearish Rectangle.